Solana’s $450 Target Gets Bold Confirmation As Pundit Predicts ‘Massive Pump’ Amid SOL Corporate Accumulation Race

Key Points

1. Solana's native token SOL surged 47% over the last 30 days, reaching a five-month high of $205.29.

2. Analysts predict SOL could reach $400-$450 in the current bull cycle, despite being 32.5% below its all-time high of $293.

3. DeFi Development, a Solana treasury company, acquired 141,383 SOL between July 14 and July 20, bringing its total holdings to 1,818,809 SOL worth approximately $331 million.

4. Public companies are staking their acquired SOL tokens to generate yields, supporting the token's market strength.

5. SOL's price slipped slightly to $197.99 at press time but remains strong due to corporate accumulation and staking activities.